Practicing Success
Due to the growing global demand for steel, Orissa, renowned for its substantial reserves of untapped iron ore within the country, is emerging as a significant investment hub. Recognizing the unparalleled demand for iron ore, the State government aims to seize this opportunity and has forged strategic alliances by signing Memorandums of Understanding (MoUs) with both international and domestic steel manufacturers. |
What were the fears of the tribal population regarding the setting up of industries in Orissa (POSCO plant)? a-Displacement from their homeland. b-Loss of livelihood. c-Pollution d- Lack of employment opportunities for them. |
a and b b and c a, b, and c All of the above. |
a and b |
The iron ore resources lie in some of the most underdeveloped and predominantly tribal districts of the state. The tribal population fears that the setting up of industries would mean displacement from their home and livelihood. As the global demand for steel increased, the state of Orrisa was seen as an important investment destination due to the largest reserves of untapped iron ore in the country. A'Memorandum of Understanding' was signed between the Orrisa government and both international and domestic steel makers. |